--Unilever is one of several parties considering a $1 billion bid for Chinese consumer-product company, Weimeizi, the South China Morning Post reports, citing unnamed sources. --According to SCMP, other companies considering bids include Colgate-Palmolive Co. and Church & Dwight Co. Full story: bit.ly/2PiWlQw

Colgate-Palmolive downgraded to hold from buy at SunTrust RH

Colgate-Palmolive Co. shares slipped 3.7% in Friday premarket trading after the consumer products company reported third-quarter revenue that missed expectations. Net income for the quarter totaled $523 million, or 60 cents per share, down from $607 million, or 68 cents per share, year-over-year. Adjusted EPS was 72 cents. Sales totaled $3.85 billion, down from $3.97 billion. The FactSet consensus was for EPS of 72 cents and sales of $3.89 billion. Colgate expects fourth-quarter sales to decrease in the low-single digits. Colgate shares have tumbled 15.4% for the year to date while the S&P 500 index is up 1.2% for the period.

Security forces killed the militants who had staged an 18-hour siege of an upscale hotel-and-office complex in Kenya’s capital, an attack that claimed at least 14 lives and jolted a key ally in the U.S. war on terrorism.

Colgate-Palmolive posted weaker sales in the latest quarter and the consumer-products company expects those woes to continue as it faces unfavorable foreign-exchange rates and declines in emerging markets.

Security forces killed the militants who had staged an 18-hour siege of an upscale hotel-and-office complex in Kenya’s capital, an attack that claimed at least 14 lives and jolted a key ally in the U.S. war on terrorism.

Colgate-Palmolive Co.

Colgate-Palmolive Co. engages in the manufacturing and distribution of consumer products. It operates through Oral, Personal and Home Care; and Pet Nutrition segments. The Oral, Personal and Home Care segment represents North America, Latin America, Europe, Asia Pacific, and Africa or Eurasia, all of which sell to a variety of retail and wholesale customers and distributors. The Pet Nutrition segment offers pet nutrition products for dogs and cats. The company was founded by William Colgate in 1806 and is headquartered in New York, NY.
(See Full Profile)

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information.
All quotes are in local exchange time.
Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Intraday data delayed at least 15 minutes or per exchange requirements.